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Business Segments (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Financial Data for Continuing Operation for Company's Reportable Business Segments

The following table displays selected financial data for the Company’s reportable business segments. Total revenues, as presented on the consolidated statements of earnings and comprehensive earnings, exclude intersegment revenues which represent sales from one segment to another segment, which are eliminated in consolidation. Prior-year segment information has been reclassified to conform to the reporting structure change described in Note 1.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

392.3

 

 

$

414.5

 

 

$

653.1

 

 

$

662.6

 

Southeast Group

 

 

142.2

 

 

 

137.0

 

 

 

263.4

 

 

 

256.3

 

West Group

 

 

682.5

 

 

 

651.7

 

 

 

1,193.1

 

 

 

1,149.2

 

Total Building Materials Business

 

 

1,217.0

 

 

 

1,203.2

 

 

 

2,109.6

 

 

 

2,068.1

 

Magnesia Specialties

 

 

53.6

 

 

 

76.3

 

 

 

119.3

 

 

 

150.3

 

Total

 

$

1,270.6

 

 

$

1,279.5

 

 

$

2,228.9

 

 

$

2,218.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

362.9

 

 

$

381.9

 

 

$

603.9

 

 

$

611.5

 

Southeast Group

 

 

136.8

 

 

 

132.0

 

 

 

253.7

 

 

 

247.4

 

West Group

 

 

640.9

 

 

 

611.8

 

 

 

1,114.1

 

 

 

1,076.0

 

Total Building Materials Business

 

 

1,140.6

 

 

 

1,125.7

 

 

 

1,971.7

 

 

 

1,934.9

 

Magnesia Specialties

 

 

48.9

 

 

 

70.4

 

 

 

108.8

 

 

 

139.5

 

Total

 

$

1,189.5

 

 

$

1,196.1

 

 

$

2,080.5

 

 

$

2,074.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

136.2

 

 

$

141.3

 

 

$

157.0

 

 

$

171.9

 

Southeast Group

 

 

33.7

 

 

 

32.7

 

 

 

47.7

 

 

 

53.8

 

West Group

 

 

133.2

 

 

 

110.6

 

 

 

155.9

 

 

 

130.9

 

Total Building Materials Business

 

 

303.1

 

 

 

284.6

 

 

 

360.6

 

 

 

356.6

 

Magnesia Specialties

 

 

13.2

 

 

 

25.2

 

 

 

34.9

 

 

 

47.9

 

Corporate

 

 

(9.9

)

 

 

(23.9

)

 

 

(31.3

)

 

 

(49.4

)

Total

 

$

306.4

 

 

$

285.9

 

 

$

364.2

 

 

$

355.1